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Segment Information
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information
14. Segment Information

The Company has three reportable segments: Independent Living; Assisted Living and Memory Care; and CCRCs. Operating segments are defined as components of an enterprise that engage in business activities from which it may earn revenues and incur expenses; for which separate financial information is available; and whose operating results are regularly reviewed by the chief operating decision maker to assess the performance of the individual segment and make decisions about resources to be allocated to the segment.

Independent Living. The Company's Independent Living segment includes owned or leased communities that are primarily designed for middle to upper income seniors who desire to live in a residential setting that feels like home, without the efforts of ownership. The majority of the Company's independent living communities consist of both independent and assisted living units in a single community, which allows residents to age-in-place by providing them with a broad continuum of senior independent and assisted living services to accommodate their changing needs.

Assisted Living and Memory Care. The Company's Assisted Living and Memory Care segment includes owned or leased communities that offer housing and 24-hour assistance with activities of daily living for the Company's residents. The Company's assisted living and memory care communities include both freestanding, multi-story communities, as well as smaller, freestanding, single story communities. The Company also provides memory care services at freestanding memory care communities that are specially designed for residents with Alzheimer's disease and other dementias.

CCRCs. The Company's CCRCs segment includes large owned or leased communities that offer a variety of living arrangements and services to accommodate a broad spectrum of physical ability and healthcare needs. Most of the Company's CCRCs have independent living, assisted living, memory care, and skilled nursing available on one campus.

All Other. All Other includes communities operated by the Company pursuant to management agreements. Under the management agreements for these communities, the Company receives management fees as well as reimbursement of expenses it incurs on behalf of the owners.

The following tables set forth selected segment financial data.

Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2023202220232022
Revenue and other operating income:
Independent Living(1)
$141,449 $137,626 $422,993 $388,769 
Assisted Living and Memory Care(1)
496,232 491,818 1,475,322 1,365,172 
CCRCs(1)
82,065 87,563 251,446 249,215 
All Other37,545 40,451 111,585 121,638 
Total revenue and other operating income$757,291 $757,458 $2,261,346 $2,124,794 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2023202220232022
Segment operating income:(2)
Independent Living$44,702 $46,395 $137,896 $122,788 
Assisted Living and Memory Care126,731 130,039 375,940 294,490 
CCRCs10,902 15,063 36,589 33,940 
All Other2,566 2,967 7,653 9,625 
Total segment operating income184,901 194,464 558,078 460,843 
General and administrative expense (including non-cash stock-based compensation expense)43,076 41,331 137,021 128,209 
Facility operating lease expense53,145 41,317 149,784 124,419 
Depreciation and amortization85,932 86,922 255,314 259,229 
Asset impairment9,086 5,688 9,606 17,362 
Loss (gain) on sale of communities, net— — (36,296)— 
Income (loss) from operations$(6,338)$19,206 $42,649 $(68,376)

As of
(in thousands)September 30, 2023December 31, 2022
Total assets:
Independent Living(3)
$1,223,941 $1,267,825 
Assisted Living and Memory Care3,366,695 3,329,516 
CCRCs631,255 664,502 
Corporate and All Other607,178 675,219 
Total assets$5,829,069 $5,937,062 
(1)All revenue and other operating income is earned from external third parties in the United States.Segment operating income is defined as segment revenues and other operating income less segment facility operating expenses (excluding facility depreciation and amortization) and costs incurred on behalf of managed communities.(3)The Company's Independent Living segment had a carrying amount of goodwill of $27.3 million as of both September 30, 2023 and December 31, 2022.